There are sources on the Internet - including a website named Generalmusic and a Wikipedia entry - which state that GEM, LEM and ELKA products will be manufactured again in 2015, including re-releases and completely new models! The company has obviously been purchased by a Finish investor, and production is said to be set up in Finland.

You can find out a little bit more about this Finnish investor if you click on 'Talk' in the Wikipedia text and read the discussion in the paragraph 'Bankrupcy'. Obviously this investor already bought the brand name and some parts of the facilities in 2012/2013.